Common use of Subordination to Mortgages and Deeds of Trust Clause in Contracts

Subordination to Mortgages and Deeds of Trust. This Lease Agreement is subject and is hereby subordinated to all present mortgages, deeds of trust and other encumbrances affecting the Demised Premises or the property of which said premises are a part. The Lessor agrees to cause the mortgagee to provide to the Lessee, if requested, in recordable form, an agreement not to disturb Lessee's right in or possession of the premises so long as Lessee is not in default hereunder, in the event this Lease Agreement is subordinated to mortgage deeds of trust or other encumbrances and the subordination of this Lease Agreement is conditioned upon the Lessee receiving such non-disturbance agreement from the mortgagee. Lessor represents that the only encumbrance on the Demised Premises is a mortgage from Southtrust Bank and agrees to provide Lessee with a nondisturbance agreement signed by Southtrust Bank in substantially the form attached hereto as Exhibit D. LEASE BINDING ON HEIRS, SUCCESSORS, ETC.

Subordination to Mortgages and Deeds of Trust. 24. This Lease Agreement is subject and is hereby subordinated to all present mortgages, deeds of trust and other encumbrances affecting the Demised Premises or the property of which said premises are a part. The Lessor agrees to cause the mortgagee to provide to the Lessee, if requested, in recordable form, an agreement not to disturb Lessee's right in or possession of the premises so long as Lessee is not in default hereunder, in the event this Lease Agreement is subordinated to mortgage deeds of trust or other encumbrances and the subordination of this Lease Agreement is conditioned upon the Lessee receiving such non-disturbance agreement from the mortgagee. Lessor represents that the only encumbrance on the Demised Premises is a mortgage from Southtrust Bank and agrees to provide Lessee with a nondisturbance agreement signed by Southtrust Bank in substantially the form attached hereto as Exhibit D. LEASE BINDING ON HEIRS, SUCCESSORS, ETC.